Ask Question
BusinessBusiness
2 March, 14:32

The chart shows pricing and payment options for two large items. Why would a consumer choose to pay cash? to pay the lowest possible price to take advantage of low interest to spread payments out over time to avoid saving for a down payment

+2
Answers (2)
  1. 2 March, 14:43
    0
    thats right
  2. 2 March, 14:57
    0
    The Answer would be A, To pay the lowest possible price.

    Whenever an item is purchased, the best option is to purchase it on cash. If you have the cash in hand, then going for other options would not be a wise decision as they may involve more money. Like for instance, if a person chooses to pay on installments then he will give higher price for the purchase of same item, because he is paying in installments so he will pay a slightly higher price for taking more time to pay the money for the item.

    So if a person chooses to purchase on cash, that would be the wisest option.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The chart shows pricing and payment options for two large items. Why would a consumer choose to pay cash? to pay the lowest possible price ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Jane started a new job and is able to telecommute instead of working in the office. she knows she is doing a great job, but she is afraid that her boss doesn't notice her good work because she telecommutes.
Answers (1)
and Associates reported the following amounts on its 2018 income statement: Year Ended December 31, 2018Net income$60,500Income tax expense12,100Interest expense 5,000 What was McDaniel 's times-interest-earned ratio for 2018 ?
Answers (1)
Which of the following is a transaction for Tyler Corporation? Tyler pays its employees $400 for work done. Tyler considers renting office space that will cost $1,500 per month. Tyler agrees to perform services for a client, which will cost $7,000.
Answers (2)
During the recent 2007-08 recession, total factor productivity (TFP) dropped temporarily while labor productivity kept on increasing. Which one of the below statements is a plausible explanation? a.
Answers (1)
For capital budgeting and cost of capital purposes, the firm should always consider retained earnings as the first source of capital (i. e., use these funds first) because retained earnings have no cost to the firm. A. True. B. False.
Answers (1)
New Questions in Business
Elizabeth is a full-time college sophomore and has a demanding part-time job. she leaves her saturdays free to run errands and "get things back in order," and to maintain balance. elizabeth's behavior illustrates:
Answers (1)
ABC Bank has made several big loans to a mining equipment manufacturer that sells its equipment to the copper mining industry in Chile. Political unrest in Chile is a source of what kind of risk for ABC Bank? a. Operational risk b. Country risk c.
No Answers
Which of the following is NOT one of the four distinct eras in the evolution of marketing? A. Relationship Era B. Sales Era C. Triple-Bottom-Line Era D. Social Media Era E. Production Era
Answers (1)
The auditors' report on the entity's financial statements included an additional paragraph disclosing a difference of opinion between the auditors and the entity for which the auditors believed an adjustment to the financial statements should be
Answers (1)
A favorable balance of trades exists when a country A. has more debt liabilities than assets B. spends more than it saves C. saves more than it spends D. exports more than it imports
Answers (1)
Home » Business » The chart shows pricing and payment options for two large items. Why would a consumer choose to pay cash? to pay the lowest possible price to take advantage of low interest to spread payments out over time to avoid saving for a down payment
Sign Up Forgot Password?